My co-worker explains "A Recession is when my neighbor is unemployed, a Depression is when I'm unemployed."

Just like the reasons why we are where we are, we are not going to agree at all, nonetheless the way out of where we are.

That said. I'm doing ok on a single income under $36K. Would be a lot worse off if I paid what others paid for their houses at the top of the market. I was lucky and bought the family house, who my Mom bought and wasn't looking for a huge profit when she wanted to sell it to me.

If I were a tad more conservative, I'd never get to do anything fun.